Rambus reports Q1 EPS 3c vs. (60c) last year

Reports Q1 revenue $113.8M vs. $99M last year. "Rambus delivered a strong first quarter with revenue and earnings at the high end of guidance, driven by continued execution and industry-leading products as we successfully navigate the near-term challenges in the market," said Luc Seraphin, chief executive officer of Rambus. "We are well positioned to address the favorable secular trends in the data center, fueled by exciting advancements in AI and other demanding workloads, and drive the company’s long-term profitable growth."